234 N Burlington Ave | A Fully stabilized 2023 construction fourplex delivering a true 6.00% cap rate at $2,575,000. This rare income property offers immediate, predictable cash flow with zero lease-up risk: ideal for end-of-year and 1031 exchange buyers seeking strong returns in a core Los Angeles location.
Each unit features modern 3- and 4-bedroom layouts with open floorplans, designer kitchens, in-unit laundry, and premium finishes that command top rents. Eight total parking spaces, separate utility meters, and all new systems ensure minimal operating costs and maximum efficiency.
Located just blocks from Echo Park Lake, Silver Lake, and Downtown LA, the property attracts high-earning tenants and benefits from continued submarket growth driven by limited SB 8 supply and consistent rental demand. This is one of the few stabilized assets in LA offering verified 6% performance with clear long-term appreciation upside.
Additional Features
- Central
- Landscaped
- Two
- Neighborhood
- Parking spaces: 8.00
- Listing Status: Active
- Listing Agent: Lauren Cearley
(lic# 02146823)
of Burbank
- Listing Office: Myunits.com Inc.
(lic# 02230850)
- CO-Listing Agent: Isaac Davidi
(lic# 01819489)
of Beverly Hills/Greater LA
- CO-Listing Office: The Davidi Company
(lic# 01896704)
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Based on information from CRISNet MLS as of 4th August 2026 at 1:37am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.